News

  Dubai / WAM The 7th edition of the Annual Investment Meeting (AIM) will tap into space technologies. The UAE’s investments in space technologies currently exceeds AED20 billion. Held under the patronage of Vice President, Prime Minister and Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, this year’s theme, ‘International Investment, Path to Competitiveness and Development’, will focus ...

  Dubai / WAM The World Government Summit (WGS) 2017 announced on Thursday it had selected the Landmark Group as the exclusive partner for the Global Happiness Dialogue, to be held in Dubai on February 11, a day before the summit’s launch. The Dialogue is the latest addition to the fifth edition of the summit. The Global Happiness Dialogue is the ...

  Dubai / WAM As part of its efforts to promote sustainable and responsible practices within Dubai’s business community, the Dubai Chamber Sustainability Network, recently hosted a seminar and networking event in collaboration with the Emirates Green Building Council focusing on best practices in green building. The event, held at the Chamber’s premises, was organised by the Dubai Chamber Sustainability Network’s ...

  Dubai / WAM With the UAE entering the ‘Year of Giving’, as declared by the UAE President, His Highness Sheikh Khalifa bin Zayed Al Nahyan, Dubai Cares announced that it will be providing volunteering opportunities to 4,250 UAE residents in 2017. Dubai Cares will be organizing volunteering opportunities locally and globally as part of its well-established initiatives such as Volunteer ...

  Dubai / Emirates Business The business of beauty is surging ahead in the Gulf Cooperation Council (GCC), as new research shows there’s increased spending on beauty and personal care products across the region. According to the latest figures by analysts Euromonitor International (EMI), the retail value of the GCC’s beauty and personal care market was US$9.3 billion in 2016, ...

  Dubai / Emirates Business Dr Aisha Bint Butti Bin Bishr, Director General of the Smart Dubai Office, was the official representative of Dubai at the World Economic Forum 2017 in Davos, Switzerland. As part of the forum, a panel discussion was held on global smart transformation of cities, during which Dubai’s participation held a strong presence. Along with Dubai, ...

  Sharjahi / Emirates Business Sharjah Islamic Bank (SIB) announced its 2016 financial results and achieved a net profit of AED 462.9 million in 2016 compared to AED 409.9 million last year; a 13% increase. SIB Board of Directors will propose a 10% bonus shares dividend, one share for each existing 10 shares, during the next AGM meeting. Total assets ...

  Dubai / Emirates Business UAE Exchange, the global remittance, foreign exchange and payment solutions brand, attracted UAE Nationals in the financial sector at the Tawdheef Recruitment Fair in Abu Dhabi National Exhibition Centre, from January 30 to February 1. Speaking on the occasion, Abdel Kareem Alkayed, UAE Exchange Country Head for the UAE, said: “We have made significant progress ...

  Dubai / Emirates Business Under the patronage of HH Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Dubai Trade, the single window for cross-border trade and a DP World company, commended the winners of the 9th E-Services Excellence Awards (ESEA) held in Dubai recently. The annual award event is organised by Dubai Trade to recognise ...

  Dubai / Emirates Business Emirates NBD Asset Management’s Emirates Real Estate Fund (‘EREF’ or the ‘Fund’) has won Sector Fund of the Year at the 2017 MENA FM Performance Awards for the second consecutive year. The MENA FM Performance Awards recognised funds and asset managers that have outperformed their peers over the 12 month period ending December 31, 2016. ...